All Financial Results articles – Page 56
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NewsCity snapshot: Hotel Chocolat sales and profits rise on digital growth
Hotel Chocolat has posted a financial year ahead of the board’s expectations, with strong revenue and profit growth despite the impact of the pandemic
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NewsSamworth Brothers revenues take hit from food to go slump
The Ginsters and West Cornwall Pasty Co owner said Covid’s impact on buying habits had led to a “very difficult and challenging”
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NewsCity Snapshot: CD&R wins £7bn Morrisons takeover auction
US private equity firm Clayton, Dubilier & Rice prevailed in the one-day auction for Morrisons over the weekend
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NewsCity snapshot: Greencore fourth quarter sales back above pre-Covid levels
Greencore has seen further recovery in its fourth quarter to take revenues back above pre-Covid levels and full year operating profits at the upper end of expectations
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NewsCity snapshot: Diageo points to margin recovery as hospitality sector reopens
Diageo has said it has made a ‘strong start’ to its financial year, forecasting an improvement in operating margins despite supply chain constraints. Plus, Parsley Box warns on sales and profits and all the rest of the latest news from the City.
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NewsPilgrim’s drives Tulip back to black in pork turnaround
US meat giant Pilgrim’s Pride has completed a turnaround of Tulip, with the pork supplier bouncing back into the black for the first time in years, according to newly filed accounts
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NewsCity Snapshot: CD&R and Fortress auction for Morrisons to go ahead on Saturday
The City’s Takeover Panel has set out the terms of the forthcoming Morrisons auction between Clayton, Dubilier & Rice (CD&R) and Fortress Investment Group. Plus, food prices rise for first time in six months, SSP Group updates on trading, and SIS signs partnership with NBA champions.
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NewsCity snapshot: AG Barr posts ‘record’ first half profits as out-of-home consumption rebounds
Irn-Bru maker AG Barr has posted record first half profits as the out-of-home soft drinks market rebounded, but warned second half margins will slide on rising costs.
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NewsAldi’s checkout-free store: location of first ‘frictionless’ discounter revealed
The store will use a system of cameras, sensors and artificial intelligence to identify products customers take from shelves, eliminating the need for checkouts
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NewsCity Snapshot: Aldi to invest £1.3bn following record sales in 2020
Aldi has revealed plans to invest £1.3bn over the next two years in an attempt to grab a bigger share of the UK grocery market following sales hitting record levels in 2020.
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NewsSeabrook sales hike boosts Calbee profits
Newly filed accounts revealed 2020 turnover of £43.7m.
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NewsAston Manor reports record performance in face of Covid challenges
The cidermaker has posted a record performance in 2020 despite the hospitality sector battling mass disruption throughout the pandemic
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NewsInnocent turns pandemic sales decline around
CEO Douglas Lamont told The Grocer “a steady return” of the impulse business as lockdown restrictions ended had led to “an encouraging” performance in 2021.
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NewsCity Snapshot: PZ Cussons swings to a loss as turnaround effort makes progress
Personal care group PZ Cussons has swung into the red as it put a turnaround plan into action, with CEO Jonathan Myers hailing the initial progress but recognising there was “much more to do”. Plus, full-year results from Eagle Eye.
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NewsPret a Manger unveils ambitious growth plans after losses spiral to more than £250m
The Covid pandemic wiped more than £400m from Pret’s sales in 2020
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NewsCity Snapshot: C-stores boosted by return of pre-Covid shopping habits
A gradual shift to pre-pandemic shopping behaviour has delivered a boost to the UK’s convenience store market, according to the latest monthly data from NielsenIQ. Plus, a fourth quarter trading update from Compass Group, and full-year results from Real Good Food.
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NewsCity Snapshot: Finsbury Food Group shows signs of recovery from Covid
Bakery group Finsbury Food has boosted sales and profits as it adapted to the ongoing coronavirus pandemic and saw lost foodservice business begin to recover. Plus, Supermarket Income REIT has added six more supermarkets to its portfolio, and Ultimate Products has signed a license brand endorsement with Weight Watchers.
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NewsCity News: Ocado Retail suffers impact of Erith fire as growth takes hit
The joint venture between Ocado and M&S saw a 10.6% drop in third-quarter revenues from £578.8m back to £517.5m
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NewsWarp Snacks reports ‘exceptional’ start to trading
Sales of Warp Snacks, the company created after Exponent’s acquisition of Proper Snacks, are up almost 30% this year.
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NewsMüller bounces back into black after several years of losses
The dairy giant posted an operating profit of £17.2m last year, according to its latest accounts